That emoji about sums up the lack of a market update for some time now! I suppose I've been holding out for some good news to post or positive charts to point to, but it's essentially been more of the same.

Tags: LTL, Freight Rates, LTL Carrier Cost, Logistics, LTL Service, Freight News, Freight Update

Recon Logistics (reconlogistics.com) will soon transform into Reconex (reconex.io). "It's much more than a name change," notes Todd Fain, President at Recon Logistics. "We've expanded our vision and offerings with a more comprehensive and robust suite of tools and technology to serve shippers, carriers, and 3PLs better. We've grown a lot from the current connotation of logistics, and Reconex puts our team in a better position to continue to lead the industry."

As we gear up to launch Reconex (more on that later), we're making a few "small" changes to the Recon team.

Tags: Industry News

 

WARNING!!! MATH AHEAD! Don't be afraid, though - math is objective and isn't subject to political leanings or cancel culture (well . . . maybe it is — IDK).

There has been a lot of talk around gas and diesel prices, with both soaring into record levels lately. BTW — this was well underway prior to Ukraine, but that certainly escalated it. You can see the actual data below in the chart of diesel going back decades.

Tags: LTL, Freight Rates, LTL Carrier Cost, Logistics, LTL Service, Freight News, Freight Update

I couldn't resist the meme, and it's the message this week! 

Tags: LTL, Freight Rates, LTL Carrier Cost, Logistics, LTL Service, Freight News, Freight Update

"RFPs in the less-than-truckload industry have changed significantly in recent years. The days of just providing shipment weights, volumes, and lanes are gone. For shippers to get an accurate upfront quote, they need to provide much more detailed information." (freightwaves.com)

Tags: LTL, Freight Rates, LTL Carrier Cost, Logistics, LTL Service, Freight News, Freight Update

"Keep Rolling with the Punches," Diesel Crosses $4, and "Who Owns My LTL Carrier Now?"

Tags: LTL, Freight Rates, LTL Carrier Cost, Logistics, LTL Service, Freight News, Freight Update

Dwell Time - get used to hearing it because the focus here is going to intensify rather quickly!  More on that in a bit.

Tags: LTL, Freight Rates, LTL Carrier Cost, Logistics, LTL Service, Freight Technology, TMS, Freight Claims, Freight News, Freight Update

 

Once again, all we hear all day long from many is, "this is unacceptable!!!" We've been preaching for how long now — almost two years? — to expect the "unacceptable." Yet, most still can't figure out that LTL carrier performance is atrocious, and it's not getting better.

Tags: Freight Class, Accessorials, LTL, Freight Rates, LTL Carrier Cost, Rules Tariff, Logistics, LTL Service, Limited Access, Freight Technology, TMS, Freight Insurance, Freight Claims, Freight News, Freight Update

 

2022 is almost upon us and we all know that  22 is a GREAT number  so we're expecting great things coming!  This isn't an official announcement, but some of you will have noticed Recon's new image being slowly rolled out (logo below and look for a new TMS splash soon).

Tags: Freight Class, Accessorials, LTL, Freight Rates, LTL Carrier Cost, Rules Tariff, Logistics, LTL Service, Limited Access, Freight Technology, TMS, Freight Insurance, Freight Claims, Freight News, Freight Update

 

"TL Rates Flat in 2022!!!"  

 

Well that sounds nice, but after a whopping 33% increase in TL rates in 2021 vs. 2020, I’m not sure that helps much.  If you want the positive news, then I believe actual TL rates will drop about 4% in 2022, but watch out for SNEAKY DIESEL!

Tags: Freight Class, Accessorials, LTL, Freight Rates, LTL Carrier Cost, Rules Tariff, Logistics, LTL Service, Limited Access, Freight Technology, TMS, Freight Insurance, Freight Claims, Freight News, Freight Update